## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From 01 April 2024 To 31 March 2025** ## Section A Reference and administration details **Charity name** Brass Tacks Ltd **Other names charity is known by** Brass Tacks **Registered charity number (if any)** 298767 **Charity's principal address** Unit 3b, The Roundal Roddinglaw Business Park Edinburgh **Postcode EH12 9DB** ## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Samuel Phillips Chairman
2 Colin Haxton Vice-Chairman
3 David Thorp
4 Paul Trotman
5 James Armstrong
Lawrence
6
McCleery
7 Naomi Wyatt
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
**Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Type of adviser**|**Name**|**Address**| |---|---|---| |||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Articles of Association - (eg. trust deed, constitution) Company limited by Guarantee How the charity is constituted - (eg. trust, association, company) Appointed from within board of trustees. Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: Regular updates are carried out to the Risk Assessment document. There is a consultative relationship with Echoes International missionary group, and their General Director is also a board member. - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** To promote maintain and advance the Christian faith through providing practical and financial assistance to Christian Churches, evangelical organisations and missionaries throughout the world. To relieve mission organisations and full-time workers by assisting in the maintenance of their premises and building works, and providing services of skilled and unskilled labour and also tools and materials as appropriate. March **2012** **TAR** 2 The trustees select projects which meet the objectives of the charity and which result in maximum benefit for those who request the type of help in construction and maintenance which we offer. Each project is to have specific tangible benefit to those who are impacted by the social and spiritual ministries in each project. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Additional details of objectives and activities (Optional information)** Volunteering: Volunteers have been used in addition to the charity’s own staff, and fulltime mission partners. There were between 1 and 5 workers on each of the ten projects. Skills vary from those skilled tradesmen to willing helpers. All work is closely supervised and monitored. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Grantmaking: Any funds donated to Brass Tacks for a specific project beneficiary are passed on in their entirety to the intended recipients. The full-time mission partners who assist the charity on projects are supported through grant contributions made to them through Echoes International, shown in the Payments heading: Fellowship Fund. Some Mission organisations known to Brass Tacks through projects are supported through grant contributions with funds to use to fulfil their own projects directly, made to them through Echoes International, shown in the Payments heading: Fellowship Projects. March **2012** **TAR** 3 Section D Achievements and performance Charitable activities for period 1[st] April 2024 to 31[st] March 2025: **Summary of the main achievements of the charity** 1. Coventry Gospel Hall **during the year** The church in Coventry were erecting an extension which also involved major internal works. We had a team in place providing partition work and fitting ceilings to the metal frames. 2. Camundambala, Angola Roof replacement for Mission House, including wall alterations to accommodate the new roof. 3. Blantyre, Malawi Electrical, plumbing and carpentry work in mission station. Strengthening of roof supports and fitting of mezzanine floor. 4. Cardiff Missionary Home Refurbishment works to property. 5. Kirkliston Community Church Replacement kitchen for busy church. 6. Community Church, Ross-on-Wye Construction of additional toilet facilities and removal of passageway. 7. Llanishen Community Church, Cardiff Fitting of new kitchen top remodelled church building. 8. Church / Café building, Aix-en-Provence, France Increasing meeting space capacity by demolishing adjoining wall and remodelling room to accommodate more people. Complete re-tiling of all floor areas. 9. Christian Camp Centre, Varfurile, Romania Stripping out and relaying flooring for dormitory areas. 10. Sakeji School, Zambia Commencement of works to lay floor tiles in classroom and dormitory areas. The costs for Projects are shown in the Payments headings: Projects: Tools and Materials; and Travel, accomm, subsistence. March **2012** **TAR** 4 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** **Details of any funds materially in deficit** The charity aims to always hold a minimum of the lower of £175,000 or twelve months of costs (2025 £172,972; 2024 £167,571) in reserve, excluding any restricted funds. The closing general reserves £303,049 (2024 £333,159) are sufficient to cover nearly two years of charitable activities and administrative expenditure. The unknown nature of future costs (projects yet to be applied for) mean that higher reserves give a safety net for continuing to deliver the charity’s objectives and activities to those who need it. The reserves are exaggerated by large exceptional donations received in the year. ## **Further financial review details (Optional information)** The principal funding sources for the charity are donations and grants. Short term surplus cash is held in interest bearing bank accounts, with options reviewed at least annually. You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including Exceptional donations in the year including legacies of £42,528 (2024 any fundraising); £60,000) means that excess funds are held in an account with higher investment interest. - how expenditure has Consideration is also being made regarding potential use of the reserves - supported the key objectives to fund projects where costs could be met by the charity on behalf of - of the charity; applicants who could not meet a share of the project costs themselves. - investment policy and objectives including any ethical investment policy adopted. **Section F Other optional information** The year to 31[st] March 2025 is the fourth year of reporting through Receipts and Payments Accounts; which are Independently Examined. ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** JAMES ARMSTRONG **Full name(s)** SAMUEL J T PHILLIPS **Position (eg Secretary, Chair,** CHAIR OF TRUSTEES TRUSTEE **etc) Date** 07/11/2025 March **2012** **TAR** 5 **----- Start of picture text -----**
Charity Name No (if any)
Brass Tacks Limited 298767
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from Apr-24 Mar-25
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 87,926 - - 87,926 89,095
Earmarked donations - - - - 6,200
Gift Aid Tax recovered in year - - - - -
Bank deposit interest 5,408 - - 5,408 6,295
Exceptional donations - church clos 7,000 - - 7,000 8,261
Exceptional donations - legacies 42,528 - - 42,528 60,000
- - - - -
Sub total (Gross income for
142,862 - - 142,862 169,851
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 142,862 - - 142,862 169,851
A3 Payments
Salaries and National Insurance 60,651 - - 60,651 55,726
Employer Pension contributions 17,619 - - 17,619 3,617
Projects: Tools and Materials 2,221 - - 2,221 10,642
Travel, accomm, subsistence 36,712 - - 36,712 30,686
Office: Telephone, IT, subs; Equipm [ 3,417 ] - - 3,417 8,158
Printing, postage and stationery 9,336 - - 9,336 8,690
Insurances 2,480 - - 2,480 1,877
Exhibition costs, meetings 6,594 - - 6,594 6,820
Challenge House costs (premises) 8,243 - - 8,243 7,946
Sundry (bank charges, etc) 99 - - 99 209
Fellowship Fund 25,600 - - 25,600 24,000
Fellowship Projects - - - - 9,200
Accountant - - - - -
Sub total [ 172,972 ] - - 172,972 167,571
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 172,972 - - 172,972 167,571
Net of receipts/(payments) - 30,110 - - - 30,110 2,280
A5 Transfers between funds - - - - -
A6 Cash funds last year end 333,159 - - 333,159 330,879
Cash funds this year end 303,049 - - 303,049 333,159
**----- End of picture text -----**
CCXX R1 accounts (SS) 31/12/2025 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**
CCXX R2 accounts (SS)|Signature
**Details**
**Details**
CAF Bank
Kingdom Bank
Cash in hand
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
2|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**61,362**
**-**
**241,087**
**-**
**600**
**-**
**303,049**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
SAMUEL JT PHILLIPS
JAMES ARMSTRONG|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
07/11/2025
07/11/2025
31/12/2025| CCXX R2 accounts (SS) CHARITY COMMISSION | FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of l Brass Tacks Ltd On accounts for the year ended 31 March 2025 Charity no ' 298767 (if any) I Set out on pages ;. 1 and 2 I report to the tnjstees on my examination of the accounts of the above charity (llhe Trust") for the year ended 3110312025. ResponsibilFties and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act") l ￿port in respect of my examination of the Trust's accounls Carned out under section 145 ofthe 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)Ib) of the Act. Independent I have completed my examination. I confimi that no material matters have examiner's statement come to my attention in connection wrth the examination which gives me cause to believe that in. any material respect.. the accounting records were not kepl in accordance wrth section 130 of the CharElies Act., or the accounts did not accord with the accoLtnting records,. or the accounts did not cornply wf(h the applicable requirements onceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connertion Wtth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name: Rèlevant professional | qualiflcationlsl or body | (rf any): | Address: 'K-l i_ IER Oct 2018 Section 8 Disclosure Only complete rf the examiner needs to highlight material matters of cOn￿rn (see CC32, Independent eXaMinat￿n of charity accounts-. directions and guidance for examiners). Give here brief details of I any Items that the examiner wishes to disclose. IER Oct 2018